President Barack Obama's administration faces a tough call on Friday whether to label China a currency manipulator, a move many U.S. lawmakers say is overdue but one that could sour Sino-U.S. relations.
European Central Bank policymaker Juergen Stark said better global coordination was needed to smooth out currency swings, which must on no account be allowed to develop into a race to devalue, a
Oil was steady on Friday, heading for a third straight weekly close above $80, as hopes for economic stimulus ahead of a speech by Fed chief Ben Bernanke countered soft demand in
Investors took profits on gains in stocks and commodities this week while buying back the U.S. dollar on Friday, but kept the currency close to a 10-month low ahead of a speech
European car sales fell for the sixth straight month in September, carmakers' association ACEA said on Friday, as demand continued to suffer from the loss of scrappage schemes and the uneven recovery
> US has – 8-times as much oil as Saudi Arabia, – 18-times as much oil as Iraq – 21-times as much oil as Kuwait – 22-times as much oil
Singapore widened the trading band for its currency in response to increasing market volatility and India intervened to temper a rising rupee as foreign exchange tensions persisted ahead of a key G20
Singapore businessman Peter Lim withdrew his 320 mln pounds ($512.7 mln) offer to buy Liverpool Football Club on Thursday. "It has become clear to me that the board is intent on selling
The board of the Bank of Cyprus has decided to open a representative office in India, saying in an announcement Thursday that “the relative procedure to apply for a license has been
Estranged Greeks and Turks of Cyprus opened a new crossing along its ceasefire line on Thursday which mediators hope will reinvigorate slow-moving peace talks. The 4 km stretch of road near Limnitis
